Articles by Nadia Simmons

Without a doubt the most important event of the recent month (or even the recent years) was unexpected OPEC's decision to limit its production to a range of 32.5-33.0 million barrels per day. The agreement reached in Algiers (which is...

On Wednesday, crude oil gained 5.33% as a combination of another drop in crude oil inventories and unexpected OPEC deal supported the price of the commodity. In this environment, light crude bounced off important support lines and...

The oil-to-gold and oil-to-silver ratios declined in the previous week, invaidating earlier breakouts above important supports, which suggests further declines and doesn't bode well for crude oil as lower values of both ratios have...

On Monday, the Federal Reserve Bank of San Francisco published a report, which indicated that central bank is growing closer to raise interest rates. As a result, the US Dollar Index, which tracks the performance of the greenback against a...

The common currency declined against the U.S. dollar after stronger-than-expected U.S. economic data. Earlier today, the Labor Department showed that the CPI rose 0.2% in March (above expectations for a 0.1% increase), while the core...

On Tuesday, crude oil lost 1.39% as concerns over a slowdown in China and rising U.S. stockpiles weighed on the price. Because of these circumstances, light crude declined below the psychological barrier of $100 per barrel for the first...

Trading position (short-term): In our opinion no positions are justified from the risk/reward perspective. On Wednesday, crude oil gained 0.75% after the EIA data showed that crude inventories rose less than expected and better-than...

Trading position (short-term): In our opinion no positions are justified from the risk/reward perspective. On Thursday, crude oil moved lower as the U.S. dollar strengthened after solid U.S. economic data and stocks of distillates fell...

Trading position (short-term): In our opinion no positions are justified from the risk/reward perspective. On Wednesday, crude oil rose on better than expected economic data from China and climbed to its highest level since late October....